Kicking off the new year with a bang, Aladdin Exchange announces its latest set of features to revolutionize the crypto space. The exchange proudly presents the first-ever inheritance feature. This feature provides beneficiaries with the never-before-seen option of accessing the crypto assets of the deceased.
As always, the ever distinguished cryptocurrency exchange – Aladdin, continues to amaze and delight its users as well as the entire crypto world. It is no secret that users of the platform have grown faster than most crypto exchanges around the world. Indeed, the Dubai-based cryptocurrency platform is humble and committed to meeting and exceeding the expectations of its user base.
To highlight, the new inheritance feature is now the latest cool feature to appear on the platform. So far, Aladdin Exchange has introduced many unique, whimsical and ingenious innovations to its platform. More so, it is also known for its sensational demos, simulations and events. While the brand has garnered a lot of attention for many of its events and features, the new Legacy feature is currently in the spotlight.
One of the biggest hurdles in the crypto community has been the loss of assets with their owner. To avoid this loss, the Legacy feature debuts. Now, users of the platform have the very first opportunity to take advantage of this benefit. To get started, users need to register or login to access their Aladdin Exchange account and complete the verification process up to Level 4 (KYC).
Once that’s done, they can start assigning beneficiaries. This can be done by going to the “My Page” section where users need to locate “Add Beneficiaries”. Here, users can designate up to 3 beneficiaries in total.
When the user is away, the Aladdin Exchange team will refer to the name, phone number and email provided by the user to start contacting them. The team will contact them in the same order defined by the user. In addition, the succession process will be carried out in accordance with the law in force, with the consultation of a lawyer.
Finally, for beneficiaries who will require the inherited assets, they must present a valid death certificate to qualify. This will ensure strong security which further acts as another layer of verification to abandon the assets in question. Certainly, Aladdin Exchange understands the need to provide a precaution to allow users and their loved ones to make the most of an unfortunate and unexpected situation.
For more information, stay tuned to the official Aladdin Exchange online channels.
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